Property Description
Luxury Estate with Flexible Living Spaces & Income Potential in WellingtonRare opportunity to acquire a versatile income-producing estate property situated on approximately 1.2 acres in one of Wellington’s most desirable lifestyle and equestrian markets.The property features a spacious main residence along with multiple private living areas offering exceptional flexibility for guest accommodations, home office use, seasonal occupancy, or additional income opportunities.Property highlights include: 3 separate private entrances, parking capacity for approximately 5–8 vehicles, no HOA, a new roof installed in 2023, and a flexible estate-style layout with multiple living configurations.The property generated approximately $144,000 gross rental income in 2025, with strong seasonal demand driven by Wellington’s internationally recognized equestrian season.Currently producing $1,500/month from a long-term tenant, with the option for the existing arrangement to remain in place or be terminated. Potential opportunity for owner-occupancy while generating additional rental income estimated between approximately $4,200–$6,100/month.Ideal opportunity for: Investors, Multi-generational living, Seasonal/equestrian housing, Hybrid owner-occupancy + income strategy, Short-term rental operation.Currently operating as a short-term rental property with established seasonal demand.Buyer to verify all measurements, zoning, uses, rental potential, and permit status.
Property Details
Listing Information
- MLS ID
- A12024957
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,377 sq ft
- Lot Size
- 52,648 sq ft
- Year Built
- 1983
- Community
- PINEWOOD OF WELLINGTON
- County
- Palm Beach
Property Features
- Interior Features
- Built-in Features, Kitchen Island, Pantry, Walk-In Closet(s), Closet Cabinetry, Storage
- Exterior Features
- Built-in Barbecue, Barbecue, Other
- Appliances
- Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Heating
- Central
- Parking
- Circular Driveway, Driveway, Guest, Garage, Attached Garage, Attached
- Waterfront
- False
- Lot Features
- Fruit Tree(s), Room for Pool, Oversized Lot
- View
- Garden, Other, Pool
- Property Tax
- $18,332 (2025)